Bengaluru-based brand in fresh fish and meat e-commerce, FreshToHome, announced it has raised $121 million in Series C funding led by ICD,Investcorp, Ascent Capital, DFC, the Allana Group and others.
San Mateo, California-based startup Human API raised over $20 million to standardize health records with an AI pipeline. : Learn how new cloud-based API solutions are solving imperfect, frustrating audio in video conferences. Human API, a San Mateo, California-based company developing an AI pipeline that structures health data into a standardized format, this week raised over $20 million. A spokesperson for the startup says the capital will be used to scale new products and services that support product design, risk stratification, clinical trial recruitment, population health management, patient monitoring, and chronic disease management.
Tiger Global, Hummingbird, RTP Global, and Base also participated in the funding. The post Sequoia India leads $15m Series A funding round in InVideo appeared first on DealStreetAsia.
Roark Capital is in the news, after the investment firm's Inspire Brands unit opened talks to buy Dunkin' Brands for nearly $9 billion. Today's DealBook newsletter provides a primer on the firm. Roark, based in Atlanta, bought Arby's for $430 million 2011 and used the company to amass a portfolio of what it calls "quick service restaurants." After it closed a $2.9 billion acquisition of Buffalo Wild Wings in 2018, it merged the businesses to create Inspire Brands. Inspire has since bought chains like Sonic and Jimmy John's (which it acquired from another part of Roark's portfolio).
Summary List Placement Startup Salto is emerging from stealth mode with a $27 million Series A funding round led by Bessemer Venture Partners, Lightspeed Venture Partners, and Salesforce Ventures to create a "connective tissue" between different software tools, according to a Tuesday announcement. The company aims to make it easier for organizations to manage a host of different cloud-based software services, including Salesforce's signature customer relationship management tool and Oracle's NetSuite. Salto essentially allows customers to make back-end adjustments to all their tools at once, instead of manually having to change each one independently.
Rockset, a startup developing a platform for big data analytics, secured $40 million in venture capital funding. : Learn how new cloud-based API solutions are solving imperfect, frustrating audio in video conferences. Real-time analytics startup Rockset today announced a $40 million round. The company says the funds will be used to grow its workforce and accelerate product development and research while bolstering its go-to-market efforts. A 2018 report from Domo estimated that humans were creating 2.5 quintillion bytes (or 2.5 exabytes) of data per day, a number that has only increased since.
During a year when venture capital firms are chasing hyped software and artificial intelligence startups more than ever, Harvard University is joining MIT to invest in less-sexy -- and research heavy -- companies aiming to fix more existential problems.
The funding round included new players such as Fidelity International Strategic Ventures and Muoro Capital. : DriveWealth, the global digital trading technology provider announced it has received a fresh round of $56.7 million in Series C funding. Add that to its previous funding rounds, including the $21 million announced in 2018, and the fintech firm has received $100.8 million in total. "DriveWealth saw its partners open more accounts in the second quarter than E*Trade, Schwab and TD Ameritrade combined, and quarter three saw a 33% increase over 2Q," said Bob Cortright, DriveWealth founder and CEO, in a statement.
As the Channel Islands funds sector goes from strength to strength, Monterey Insight Managing Director Karine Pacary (pictured) gets behind the numbers in her firm's recent reports on the UK, Luxembourg, Jersey, Guernsey and Ireland - providing a clear overview of the funds space in each jurisdiction Karine Pacary has more than 20 years' experience within the investment fund industry, having served as Senior Data Analyst at Fitzrovia International and Head of Encyclopedia P...